The Market Monitor Minding the Nation's Business

International Container Terminal Services, Inc. (“ICTSI”) and Royal Capital B.V. (the “Issuer”) successfully priced a US$300,000,000 offering of senior perpetual capital securities, guaranteed by ICTSI (“New Perpetual Securities”). The New Perpetual Securities were structured to constitute equity under International Financial Reporting Standards and represent ICTSI’s fifth successful perpetual securities issuance.

One of the deputy speakers of the House of Representatives has recommended that government use the radio and TV frequencies of ABS-CBN as means for alternative distance learning for the opening of the new school year next month.

President Rodrigo Duterte’s highly criticized illegal drugs war has resulted in the deaths of 5,722 drug suspects nationwide, according to the Philippine Drug Enforcement Agency (PDEA) and RealNumbersPH.

Malacanang announced it is not in favor of policemen going “house-to-house” in search of confirmed COVID-19 patients, instead it urged those with mild and asymptomatic cases to admit themselves to isolation facilities.

How is the Philippines faring in cancer preparedness compared to its neighboring Asian countries?

ABS-CBN’s application for a franchise renewal was denied by the Committee on Legislative Franchises of the House of Representatives after 13 public hearings.

The Vatican, in its online news web site, reported that Cardinal Luis Antonio Tagle has been appointed by Pope Francis as a new member of the Pontifical Council for Inter-religious Dialogue, the third appointment bestowed by the Pope on Tagle.

The PSC and POC is requesting approval from the Inter-Agency Task Force (IATF) for the resumption of training of Tokyo-bound athletes and other Olympic hopefuls.

Hidilyn Diaz has lifted a personal record in backs squats at 161 kilograms, calling the lift a “lifetime PR”.

Boxing matches are expected to resume when Metro Manila and other urban centers get declared to modified general community quarantine (MGCQ) status, provided testing and quarantine protocols are strictly followed.